{"id":8633,"date":"2023-01-17T14:38:08","date_gmt":"2023-01-17T13:38:08","guid":{"rendered":"http:\/\/costops.com\/index.php\/2023\/01\/17\/elon-musk-and-tesla-to-begin-trial-for-alleged-fraud-over-funding-secured-tweet\/"},"modified":"2023-01-17T14:38:08","modified_gmt":"2023-01-17T13:38:08","slug":"elon-musk-and-tesla-to-begin-trial-for-alleged-fraud-over-funding-secured-tweet","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/01\/17\/elon-musk-and-tesla-to-begin-trial-for-alleged-fraud-over-funding-secured-tweet\/","title":{"rendered":"Elon Musk and Tesla to begin trial for alleged fraud over \u2018funding secured\u2019 tweet"},"content":{"rendered":"<p>Lawsuit seeks damages for shareholders who bought or sold Tesla stock in the days after Musk\u2019s August 2018 tweets<\/p>\n<p>Elon Musk and Tesla are set to go to trial in San Francisco on Tuesday in a case in which the company\u2019s shareholders claim they were defrauded by Musk\u2019s 2018 statement that <a href=\"https:\/\/www.theguardian.com\/technology\/2018\/aug\/11\/elon-musk-and-tesla-sued-over-funding-secured-tweet\">funding was \u201csecured\u201d<\/a> to take the electric car maker private.<\/p>\n<p>The lawsuit <a href=\"https:\/\/www.reuters.com\/legal\/musk-bets-big-beating-shareholders-funding-secured-trial-2023-01-13\/\">seeks damages<\/a> for shareholders who bought or sold Tesla stock in the days after Musk\u2019s tweets on 7 August 2018. The company\u2019s shares shot higher and then fell again after 17 August 2018, when the New York Times reported that funding for the take-private bid was \u201cfar from secure\u201d.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2023\/jan\/17\/elon-musk-tesla-trial-alleged-fraud-funding-secured-tweet\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/7a314d01fd6a944fbc1bf0b68866448ca9ae1496\/0_131_3493_2096\/master\/3493.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=faf194348549e6318ca4943165634bb6\" title=\"Elon Musk and Tesla to begin trial for alleged fraud over \u2018funding secured\u2019 tweet\" \/>Lawsuit seeks damages for shareholders who bought or sold Tesla stock in the days after Musk\u2019s August 2018 tweets<br \/>\nElon Musk and Tesla are set to go to trial in San Francisco on Tuesday in a case in which the company\u2019s shareholders claim they were defrauded by Musk\u2019s 2018 statement that funding was \u201csecured\u201d to take the electric car maker private.<br \/>\nThe lawsuit seeks damages for shareholders who bought or sold Tesla stock in the days after Musk\u2019s tweets on 7 August 2018. The company\u2019s shares shot higher and then fell again after 17 August 2018, when the New York Times reported that funding for the take-private bid was \u201cfar from secure\u201d. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lawsuit seeks damages for shareholders who bought or sold Tesla stock in the days after Musk\u2019s August 2018 tweets Elon Musk and Tesla are set to go to trial in San Francisco on Tuesday in a case in which the company\u2019s shareholders claim they were defrauded by Musk\u2019s 2018 statement that funding was \u201csecured\u201d to &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2023\/01\/17\/elon-musk-and-tesla-to-begin-trial-for-alleged-fraud-over-funding-secured-tweet\/\"> <span class=\"screen-reader-text\">Elon Musk and Tesla to begin trial for alleged fraud over \u2018funding secured\u2019 tweet<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":8634,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/8633"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=8633"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/8633\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/8634"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=8633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=8633"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=8633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}